Real estate data firm CoStar acquires ForRent.com in $385M deal

Internet-based real estate data firm CoStar Inc. has said it plans to acquire apartment listings firm ForRent.com for a whopping $385 million as it continues its expansion into the multi-family home market.

The Real Money is in Multifamily Development

The potential for huge profits from turning raw land into a new development is extremely tempting. The fact is that today there is one development opportunity paying big dividends although the overall real estate market remains spotty.

CoStar Snaps Up LoopNet in $890 Million Deal

The commercial real estate information company CoStar Group Inc. yesterday announced they were to land an $890 million takeover of the San Francisco-based LoopNet Inc. commercial property listings website.

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